Freedom debt relief pros cons11/29/2023 ![]() Debt settlement will initially lower your credit score. ![]() How does Freedom Debt Relief measure up, and do they have the reputation to make their service a worthwhile? That doesn’t mean it can’t be helpful, however. But debt settlement is historically risky and is usually not seen as a preferred choice. Now that so many people are seeking help with their debt in one form or another, it’s no wonder companies like Freedom Debt Relief have become increasingly popular. To state that debt has only gotten worse since 2018 would undoubtedly be a wise wager. That’s a number the human brain just can’t comprehend, even if it wanted to. Indeed, the International Monetary Fund shows that total global debt reached over $188 trillion by the end of 2018. Although debt can be an effective financial tool if used wisely, you’d be hard-pressed to prove that debt hasn’t, in large part, simply spiraled out of control.ĬOVID-19 and other large-scale economic factors have only exacerbated the general debt problem tons of people face every day. Somewhere down the road of industrialization and consumerism, debt became an ubiquitous part of our lives. Click here for a full list of our partners and an in-depth explanation on how we get paid. Our company, Tokenist Media LLC, is community supported and may receive a small commission when you purchase products or services through links on our website. Neither our writers nor our editors receive direct compensation of any kind to publish information on. Freedom Debt Relief Review (2022): Facts You NEED to Know NewsletterĪll reviews, research, news and assessments of any kind on The Tokenist are compiled using a strict editorial review process by our editorial team.
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